Nataro, Incorporated, has sales of $670,000, costs of $337,000, depreciation expense of $82,000, interestexpense of $47,000, and a tax rate of 24 percent. The firm paid out $77,000 in cash dividends and has36,800 shares of common stock outstanding.a. What is the earnings per share, or EPS, figure?Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.b. What is the dividends per share figure?Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.a. Earnings per shareb. Dividends per share

Sales = s = $670,000Costs = c = $337,000Depreciation Expenses = d = $82,000Interest Expenses = i =…

Answered: Nataro, Incorporated, has sales of…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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#1
McDonnell-Myer Corporation reported net income of $1,450 million. The company had 469 million common shares outstanding at January 1 and sold 42 million shares on February 28. As part of an annual share repurchase plan, 6 million shares were retired on April 30 for $32 per share. Calculate McDonnell-Myer's earnings per share for the year. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
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What is the price earnings ratio for this company? Round your answer to one decimal point. Assets: Cash and short-term investments $ 40,000 Accounts receivable (net) 25,000 Inventory 20,000 Property, plant and equipment 210,000 Total assets $295,000 Liabilities and Stockholders' Equity Current liabilities 60,000 Long-term liabilities 85,000 Stockholders' equity-common 150,000 Total liabilities and stockholders' equity $295,000 Income Statement Net sales $ 85,000Cost of goods sold…
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Please show working for each question 1. In its most recent financial statements, Nessler Inc. reported $50 million of net income and $550 million of retained earnings. The previous retained earnings were $512 million. How much in dividends were paid to shareholders during the year? Assume that all dividends declared were actually paid. Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary. 2. Byron Books Inc. recently reported $6 million of net income. Its EBIT was $12.6 million, and its tax rate was 40%. What was its interest expense? (Hint: Write out the headings for an income statement, and then fill in the known values. Then divide $6 million of net income by (1 - T) = 0.6 to find the pretax income. The difference between EBIT and taxable income must be interest expense. Use this same procedure to complete similar problems.) Write out your answer completely. For example, 25 million should…

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